LEGAL
Policy and Legal
Since the emergence of Bitcoin, policies and laws around cryptocurrencies has been controversial. Some countries have started to embrace digital currencies, while others have decided to ban digital assets altogether. Lawmakers and policymakers are beginning to evaluate the benefits of cryptocurrencies, while also raising concerns.
Since the emergence of Bitcoin, policies and laws around cryptocurrencies has been controversial. Some countries have started to embrace digital currencies, while others have decided to ban digital assets altogether. Lawmakers and policymakers are beginning to evaluate the benefits of cryptocurrencies, while also raising concerns.
Ripple Labs Breathes Sigh of Relief as Federal Judge Wants XRP Token Holders to Present their Views
US district judge Analisa Torres has finally rejected the SEC’s appeal against letting XRP holders intervene in the ongoing legal case.
El Salvador's Chivo Wallet Welcomes 2.1M Users in 3 Weeks
El Salvador's President Nayib Bukele said as many as 2.1 million users are now actively using the Chivo wallet.
Panama Looks to Legalize Bitcoin and Ethereum in Line with El Salvador
Panama has introduced a crypto bill with the aim to legalize Bitcoin and cryptocurrencies.
El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins
Central American nation El Salvador officially adopts Bitcoin as legal tender Tuesday, becoming the first country to embrace Bitcoin as another circulating fiat currency alongside the US dollar.
El Salvador’s Bitcoin adoption Takes Effects Soon, Possibly Boost the BTC’s price, Analysis Predict
The adoption of Bitcoin as legal tender in El Salvador will be effective tomorrow. The market concerns if the new measure would further stimulate the surge of Bitcoin’s price.
El Salvador Lawmakers Passes $150M Bitcoin Trust Fund into Law
El Salvador parliament has passed the Bitcoin Trust Fund proposal into law.
Cuba's Central Bank Moves to Legalize Use of Cryptocurrencies
The Central Bank of Cuba has recently announced that it will legalize and regulate cryptocurrencies. Cuba has been rising interest in cryptocurrencies like Bitcoin partly under toughened American embargo rules on the nation.
El Salvador Standing by to Rollout 200 ATMs for Converting Bitcoin to Cash
El Salvador is preparing to launch the initial 200 ATMs that will enable conversion of Bitcoin to cash. President Bukele said that the use of Bitcoin will not be mandatory.
Paraguay To Introduce Bitcoin law, Draft Leaks details
Reportedly, a leaked draft copy shows the detail of the proposing Bitcoin law in Paraguay. The South-American country is expected to be another country worldwide to propose Bitcoin law after El Salvador, promoting Bitcoin as Fiat Money.
JPMorgan: El Salvador to Face multiple Obstacles on the way to Implement Bitcoin as Fiat Money
JPMorgan Chase, citing a report, stated that El Salvador’s designation of Bitcoin as legal tender would bring various obstacles to its country, questioning the robustness of the payment mechanism.